KUCHING: Sarawak Premier Tan Sri Abang Johari Openg has said the oil royalty dispute between the state and national oil company Petronas should be resolved in court rather than politicised. He was referring to Petronas’s request for leave to appeal to the Federal Court after last year’s Court of Appeal decision that allowed Sarawak to seek judicial review of Petronas’s refusal to pay the 20% oil royalty under the 1974 Petroleum Agreement.
Petronas contends that under the Petroleum Development Act 1974 it is only required to pay a 5% royalty, while Sarawak insists the 20% rate is secured by both the original agreement and the Federal Constitution. Abang Johari emphasised that both sides should await the Federal Court’s ruling before taking any further steps.
“Our position remains that this issue belongs before the judiciary,” he said, adding that Sarawak will honour whatever decision the court issues. He also warned that prolonged uncertainty could hamper existing energy projects, including gas supply arrangements tied to Malaysia’s overall energy security.
The Federal Court is expected to set a hearing date soon for Petronas’s application. In the meantime, Sarawak’s government has lodged its own submissions supporting its claim to the higher royalty rate.
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